MarketWatch (03/17/14) Greg Robb
Another shift in the U.S. Federal Reserve’s communications strategy is likely to occur when the central bank’s interest-rate-setting committee meets this week, because it is the first meeting to be led by Janet Yellen, the new chairman. Experts say the Fed will not simply lower the threshold to a 6% unemployment rate. Instead, the prevailing view is the Fed will move to a more “holistic” description of labor-market activity.
Buyers of a business generally expect sellers to be responsible for certain liabilities relating to when the seller owned its business—a concept mergers and acquisitions professionals refer to as indemnification. Indemnification is one of the most heavily negotiated, and potentially most significant, provisions of a purchase agreement, and understanding the terminology common to such agreements is essential when negotiating a deal. Attorney Paul Pincus of Ortoli Rosenstadt LLP explains what sellers are liable for, how a seller’s liability may be limited, and how buyers may seek to fund potential indemnity claims.
Home